RBI reports: Tamil Nadu credit-deposit ratio highest amongst other banks

As per RBI’s data available Tamil Nadu is leading in the credit-deposit (C-D) ratio at 111.8 per cent in the first quarter of the current fiscal followed by Maharashtra with 99.5 per cent.

C-D ratio means the proportion of loans generated by banks from the deposits received. As per the quarterly figures on deposit and credit released by the central bank, the national average of all scheduled commercial banks accounted at 74.5 per cent.

Whereas the ratio of State Bank of India (SBI) and its associates stands at 76.1 per cent, higher than the other scheduled commercial banks (73.9 per cent).

The C-D ratio of nationalized banks and regional rural banks accounts at 72.9 per cent and 59.5 per cent respectively. The ratio in case of foreign banks stood at 91.9 per cent.

As a group, nationalized banks C-D accounts for 48.6 per cent of the aggregate deposits, while SBI and its associate’s accounts to 22.6 per cent.

The share of other scheduled commercial banks, foreign banks and regional rural banks in aggregate deposits stood at 20.1 per cent, 5.8 per cent and 3 per cent respectively.

Whereas in the gross bank credit, nationalized banks hold the maximum share of 47.6 in the total bank credit, followed by SBI and its associates at 23.1 per cent and other scheduled commercial banks have 19.9 per cent.